China’s Shandong Airlines has reported a third-quarter net income of CNY402.89 million ($65.8 million), down 20.75% compared to CNY508.38 million in the year-ago quarter.
Airbus has selected Michigan-based Comau Aerospace to supply the aircraft main assembly and test stations for A320s that will be assembled in the new Mobile, Ala. facility that Airbus is building.
Heathrow’s Spanish owner Ferrovial is reducing its stake in the airport group—which owns Heathrow, Glasgow, Aberdeen and Southampton airports—but remains the group’s main investor.
Swiss International Air Lines has reached an agreement with its two pilot unions that will ultimately integrate the cockpit crew at the short-haul arm of Swiss European and long-haul operator Swiss International.
German-based MHS Aviation has taken a 40% stake in Swiss regional carrier SkyWork Airlines—which completed a management buyout in April and has been seeking a new investor—allowing it to continue operations.
Lufthansa Technik’s Business Aviation Asia, which specializes in the China market, has become the launch customer for LHT global technical support package for VIP and executive jet operators.
UK-based Dunlop Aircraft Tyres is completing a four-million pound investment program as it switches on another new production machine that improves efficiency and increases capacity.
StandardAero has launched dedicated mobile repair teams to conduct on-wing hot-section inspections and repairs for Pratt & Whitney Canada PW610s and PW615s.
Delta Air Lines reported net income of $1.37 billion for the third quarter, up 31% over a net profit of $1.05 billion in the 2012 September period, on a 6% year-over-year rise in revenue to $10.49 billion.
Rapidly expanding Eastern European budget carrier Wizz Air has converted 26 of its Airbus A320 orders to the larger A321, which will be its first of the larger variant type.
The proposed alliance between Etihad Airways and India’s Jet Airways remains unsealed, almost three months after it was approved by India’s foreign investment regulator.
Finnair has received the green light to be included in British Airways and Finnair’s Japanese joint venture after announcing plans to join the partnership in July.
